Markets

Saudi Arabian Energy Minister Khalid al-Falih talks to reporters at the OPEC meeting

Crude oil price hits 4-year high as S Arabia, Russia reject US call to raise output

Experts say only a 'demand-destruction' could set prices back but such a phenomenon won't happen Brent crude hits $120 a barrel.

Sep 25, 2018

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Markets crash over liquidity fears; Sensex, Nifty down nearly 1.5%

Analysts said on Monday they remained cautious, adding that more downside was likely even as Sensex and Nifty reeled under liquidity concerns at infrastructure financiers IL&FS.

Sep 24, 2018

Petrol, diesel prices to rise further as global crude poised to touch $100

New Iran sanctions will take 2 million bpd off the markets even as US inventory gets thinner. Fuelled further by supply disruptions elsewhere, global crude prices could breach $100, analysts warn.

Sep 24, 2018

Yes Bank shares dip almost 34%; record-low since market debut

At 10:34 am on Friday, the shares were trading at Rs 256.15 at the BSE, almost 19.58 per cent low since the previous close.

Sep 21, 2018

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Black Friday that wasn't: Sensex, Nifty crash in jerky trade as NBFCs face rout

The sentiment swing on the market was so wild that the benchmark index lost 800 points within minutes. The 50-share index Nifty also tracked losses, slipping below 11,000-mark.

Sep 21, 2018

Rare earths and trade war: Trump exposes Achilles heel in raging tariff tussle with China

China controls more than 90 percent of the world's rare earth market, making advanced nations heavily dependent on it for the supply of minerals used in high-tech industries and defence systems.

Sep 18, 2018

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India's market boom is coming to an end, Goldman Sachs warns

Sensex and Nifty tumbled in morning trade on Monday, ending two sessions of strong rally. While Sensex plunged more than 400 points to dive below 38,000 levels, Nifty breached the 11400 levels.

Sep 17, 2018

Infosys buys Finnish firm Fluido Oy for $76 mn

Though the company did not disclose the acquisition cost in its release, it mentioned in a regulatory filing on the BSE that "100 per cent of Fluido's shares have been acquired in cash for Euro 65 million", which translates to $75.8 million (Rs 546 crore).

Sep 15, 2018

'Next global financial crisis could trigger a 50% plunge in emerging market stocks'

In India, the projected fall in energy prices could be a silver lining amid the gloom of the next meltdown.

Sep 14, 2018

Top Indian IT companies on a hiring spree; indicates growth in sector for 1st time in 3 years

Reports say that Tata and Wipro are expected to grow swiftly this fiscal year. Tata is predicted to cross 10 per cent growth while Wipro is looking to cross one per cent growth.

Sep 12, 2018

Online pharma players concerned over the 'overlapping' powers of states in draft policy

India's pharmaceutical sector is valued at $33 billion in 2017. Moreover, it is likely to grow at a Compound Annual Growth Rate (CAGR) of 22.4% over 2015–20 to reach $55 billion.

Sep 12, 2018

Samsung to open world's largest mobile experience centre in Bengaluru

Also, this would be the biggest-ever display of Samsung accessories such as cases, covers and power banks at the "Samsung Opera House" wherein prospective buyers would be offered customization options for accessories.

Sep 11, 2018

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China to 'kill US dollar' with its hidden gold reserves?

No one knows for sure if China has 20,000 tons of gold in reserves. But if indeed it has that deep a gold reserve, Beijing can take on the US dollar by using gold for international trade.

Sep 5, 2018

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Gold extends losses on weak global cues; silver recovers

Globally, gold fell 0.57 per cent to USD 1,194 an ounce and silver by 1.25 per cent to USD 14.28 an ounce in Singapore.

Sep 4, 2018

$75 bilion outflow from markets imminent? Sebi rubbishes overseas investors' claim

Earlier in April this year, the SEBI had issued circular introducing the tighter KYC norms for the FPI investors.